Sector Shift Continues Out of Healthcare Stocks: Update-1
Summary for the Week of Oct 19:Markets Up on Central Banks Easing;Techs Lead the Way IBB up 0.62%- 316.3 bottomed on Wednesday. QQQ up 4.3%- 112.78 up big Thursday and Friday. XBI down o.58%- 65.67 in choppy trading. XLI up 4%- 54.66 steady climb from Monday. XLV down 0.62% 69.33 bottomed on...
Choppy Action Today in Biotech Stocks But Buyers Are Out There…Update-1
October 21 Update 9:45a EDT NASDAQ up 0.4% IBB up 1.57% 1:45p EDT Biotech Thrashing Continues-High Fliers Hit Hardest Healthcare stocks remain under attack with the XLV down 1.5% and the IBB down 1.6%.Healthcare is the sector loser down 2% while the Industrials are up slightly. Large cap...
BIO Investor Forum 2015 Next Week…Update
10/21 I will be posting articles from the Meeting later this week and next week. 2015 Bio Investor Forum October 20-21, 2015 We will be attending the Bio Investor Forum 2015 in San Francisco next week. Various panels will cover important biotherapy topics such as oncology trends, precision...
El Nino Update SoCal…10/16///11/11
11/11 Update Strongest El Nino on record! Forecast Shows Very Little PPT Over Next Month Headline in today's LATimes says the new El Nino forecast will reach far north. But despite strange damaging local storms North of Los Angeles a rainy pattern is not coming over the next ten days. However...
Biotech Bear Market: After the bubble burst…Update-1… 10/15 Rally
10/15 After the Close... XBI Up 7.26%...Green Screen...MOmentum is back Biotech stocks soared today in a broad rally showing a good appetite especially for small and mid-cap stocks. This could be a counter-trend rally in a biotech bear market but there is a lot of money on the sidelines ready...